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This property looks like a bad Long-Term investment with a projected -21.47% first-year return on $127k initial cash invested.
-21.47%
Cash On Cash
1.87%
Cap Rate
0.31
DSCR
$2,587
Rent
-$2,264
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,587 income − $4,851 expenses = $2,264 out of pocket
Investment Breakdown
|
Purchase Price
$603k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$121k
Closing costs
1%
$6,027
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,587
Total Expenses
$4,851
Mortgage P&I
119%
$3,076
Property Taxes
28%
$717
Home Insurance
8%
$219
HOA
6%
$167
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0